YEARLY HIGH
173.5123 IQD
YEARLY LOW
170.8850 IQD
YEARLY AVERAGE
172.3713 IQD

2019 BOB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BOB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 173.5123. Conversely, the yearly low was recorded on September 7, dropping to 170.8850.

This high-to-low spread represents a total annual volatility of 2.6274 IQD. From a start-to-finish perspective, comparing the January average rate of 172.4551 to the December average rate of 172.3685, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 173.5123 was down 0.22% compared to the 2018 peak of 173.9001, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BOB based on timing:

Yearly Peak High 867,562 IQD
2018 Average 861,103 IQD
Yearly Trough Low 854,425 IQD
Transaction Impact: A difference of 13,136.86 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

172.4999
172.2455
JanuMarcMayJulySeptNove

BOB to IQD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 172.3872, compared to 172.3554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0318 points.

H1 Avg (Jan–Jun) 172.3872
H2 Avg (Jul–Dec) 172.3554

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 2.0237 IQD (High: 172.9086 / Low: 170.8850). On the other end, February was the most stable month, with a tight range of 0.5569 IQD (High: 172.6776 / Low: 172.1206).

September Spread (Volatile) ±2.0237
February Spread (Stable) ±0.5569

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1436 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1436

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 172.4551) against the same month in 2018 (average: 171.9346), the exchange rate shifted by +0.5205 (+0.30%).

2019 Avg (January) 172.4551
2018 Avg (January) 171.9346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 173.5123 171.8659 172.4551
February 172.6776 172.1206 172.4076
March 172.8781 171.8019 172.4098
April 172.7018 171.0985 172.2978
May 173.2085 171.9928 172.4427
June 172.7487 171.8227 172.3103
July 172.6819 171.8297 172.3379
August 173.4328 172.0230 172.4787
September 172.9086 170.8850 172.3350
October 172.6414 171.9339 172.2667
November 172.6422 172.0669 172.3458
December 172.7223 171.9565 172.3685